Lowe’s Companies, Inc. $LOW Stock Bought by Mather Group LLC.

Mather Group LLC. increased its position in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 6.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,029 shares of the home improvement retailer’s stock after buying an additional 4,559 shares during the quarter. Mather Group LLC.’s holdings in Lowe’s Companies were worth $14,196,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of LOW. Juno Financial Group LLC grew its position in Lowe’s Companies by 0.4% during the first quarter. Juno Financial Group LLC now owns 11,889 shares of the home improvement retailer’s stock valued at $2,809,000 after acquiring an additional 43 shares during the last quarter. TSG Advice Partners LLC raised its stake in shares of Lowe’s Companies by 3.3% during the first quarter. TSG Advice Partners LLC now owns 1,373 shares of the home improvement retailer’s stock worth $324,000 after acquiring an additional 44 shares in the last quarter. Foresight Global Investors Inc. lifted its holdings in shares of Lowe’s Companies by 3.9% in the 4th quarter. Foresight Global Investors Inc. now owns 1,192 shares of the home improvement retailer’s stock worth $287,000 after acquiring an additional 45 shares during the last quarter. Ameliora Wealth Management Ltd. lifted its holdings in shares of Lowe’s Companies by 2.5% in the 1st quarter. Ameliora Wealth Management Ltd. now owns 1,834 shares of the home improvement retailer’s stock worth $433,000 after acquiring an additional 45 shares during the last quarter. Finally, Livet Wealth LLC lifted its holdings in shares of Lowe’s Companies by 4.9% in the 1st quarter. Livet Wealth LLC now owns 962 shares of the home improvement retailer’s stock worth $227,000 after acquiring an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. TD Cowen reaffirmed a “hold” rating and issued a $235.00 price objective on shares of Lowe’s Companies in a research note on Thursday, August 20th. Evercore set a $190.00 target price on shares of Lowe’s Companies in a research report on Tuesday, October 6th. Sanford C. Bernstein lowered their price target on shares of Lowe’s Companies from $261.00 to $254.00 and set an “outperform” rating for the company in a research note on Wednesday, September 9th. Weiss Ratings downgraded shares of Lowe’s Companies from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, August 17th. Finally, Telsey Advisory Group cut their price target on shares of Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating for the company in a research report on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Lowe’s Companies has a consensus rating of “Moderate Buy” and an average price target of $254.29.

Read Our Latest Research Report on Lowe’s Companies

Lowe’s Companies Stock Performance

Shares of LOW stock opened at $188.36 on Thursday. Lowe’s Companies, Inc. has a fifty-two week low of $178.45 and a fifty-two week high of $293.06. The stock has a 50 day moving average price of $200.41 and a two-hundred day moving average price of $215.19. The company has a market capitalization of $105.68 billion, a P/E ratio of 15.92, a PEG ratio of 1.58 and a beta of 0.89.

Lowe’s Companies (NYSE:LOW – Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, beating analysts’ consensus estimates of $4.22 by $0.18. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%. The firm had revenue of $25.96 billion during the quarter, compared to analyst estimates of $26.13 billion. During the same quarter in the prior year, the firm posted $4.33 earnings per share. The business’s quarterly revenue was up 8.3% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS. As a group, equities analysts predict that Lowe’s Companies, Inc. will post 12.26 earnings per share for the current year.

Lowe’s Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be issued a dividend of $1.25 per share. This represents a $5.00 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Wednesday, October 21st. Lowe’s Companies’s dividend payout ratio is currently 42.27%.

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About Lowe’s Companies

(Free Report)

Lowe’s Companies, Inc is a home improvement retailer serving homeowners, renters, and professional contractors primarily in the United States. The company operates through a network of retail stores and digital channels, offering products and services for home repair, maintenance, remodeling, construction, and outdoor living.

Its merchandise includes appliances, tools, hardware, lumber, building materials, plumbing and electrical supplies, paint, flooring, kitchen and bath products, lighting, home décor, lawn and garden equipment, and seasonal goods.

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Institutional Ownership by Quarter for Lowe's Companies (NYSE:LOW)

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